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Blair Horner

WNYC News

Cuomo's Signature Ethics Plan Isn't Exciting Anyone

Tuesday, March 31, 2015

WNYC
The new state budget will require legislators with outside jobs to report all sources of income over $1,000, but AG Eric Schniederman says lawmakers shouldn't have any outside work.

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WNYC News

Public Campaign Financing Test Has Serious Flaws, Comptroller Says

Monday, March 31, 2014

Comptroller Tom DiNapoli says a test public finance campaign might be unworkable.

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Politics

Limited Liability Corporations and the LLC Loophole

Friday, August 20, 2010

WNYC has been reporting on the fundraising efforts of Democratic gubernatorial candidate Andrew Cuomo. He's raised more than $25 million  -- and more than $3 million of it comes from "limited liability companies," or LLCs. The practice is legal, but government watchdogs say it's a loophole that lets wealthy individuals get around contribution limits by setting up shell companies.

Candidate Cuomo has pledged to close the LLC loophole, but he says in order to win office and reform the campaign law, he first needs to get elected. And to get elected, he says, he needs to keep the loophole open for just a little while longer, because he is not rich enough to finance his own campaign.

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